Lee Gordon S 4

What Happened

• Lee Gordon, Chief Accounting Officer of DoorDash (DASH), sold 2,910 shares on May 20, 2026. The shares were disposed at $155.59 each for a total of approximately $452,761. The filing indicates the sale was to cover tax obligations in connection with the vesting of restricted stock units (RSUs), i.e., a routine "sell-to-cover" transaction rather than an open-market investment decision.

Key Details

• Transaction date: 2026-05-20
• Sale type/code: S (sale); purpose per filing: tax withholding for RSU vesting (footnote F1)
• Price: $155.59 per share
• Total proceeds: ~$452,761
• Securities involved: Certain securities were represented by RSUs (footnote F2)
• Filing date: 2026-05-22 (filed within the typical two-business-day Form 4 window)
• Shares owned after transaction: Not specified in the provided excerpt of the filing

Context

• This was a routine tax-withholding sale tied to RSU vesting (sell-to-cover). Such transactions are common when awards vest and do not necessarily signal a view on the company's prospects. Purchases by insiders can be more informative about sentiment than routine tax-related sales.